List of all articles filed under “egypt-sectors” category.
“Coca-Cola has been playing a major role in Egypt for over 70 years. We entered the local market in 1942. We are very committed to the Egyptian market and we have been investing heavily in it,” says Omar Mandour, General Manager of Coca-Cola Egypt, Yemen, Libya and South Sudan.
“The last three years in particular have witnessed lots of changes and trends. Not only in the food and beverage market but also in the fast moving consumer goods market. We are starting to see trends that are very much cued towards value,” says Omar Mandour, GM of Coca-Cola Egypt, Yemen, Libya and South Sudan.
“Our biggest project here in Egypt is our partnership with the Egyptian Food Bank and our pledge to develop the hundred poorest villages in Egypt. We also have a project that is focused on improving the lives of 4,000 women and their families in these villages which provides microbusinesses to women in rural areas,” explains Omar Mandour, GM of Coca-Cola Egypt, Yemen, Libya and South Sudan.
The main institutions directly involved in the regulation and coordination of the tourism sector and its related activities are the Ministry of Tourism of the country and the Egyptian Tourism Authority (ETA; currently under the patronage of Samy Mahmoud).
The following list summarizes and introduces Egypt’s banking sector and presents the top banks in Egypt. These top banks include institutions such as the National Bank of Egypt (NBE), Banque Misr, Banque du Caire or the Commercial International Bank (CIB).
“The pharmaceutical industry in Egypt is very big. The local pharmaceutical industry covers 97% of consumption. Only 3% is covered by imports. EIPICO exports to 61 countries, including England Germany and Romania, Africa and the Middle East, including Lebanon and Saudi Arabia.”
“Our best approach to achieve our goals quickly was to enter a partnership with a large, leading multinational company. Our first partnership was with BASF of Germany. We then entered a partnership with St. Gobain, for gypsum. We are looking to invest and make up for the 2 or 3 years when we didn’t do anything. For 2015, we have a big program of investment.”
“The asset management business in Egypt is not very familiar. It has a lot of potential to expand over the coming years, because it is very small, but it is growing rapidly, but it is still in its early stages. The growth in assets in the company has a very high percentage. Since the last 3 to 4 years, some companies have grown by 50 % to 70% percent annually.”
“There are about 14 companies under the umbrella of this group. Some are in the industrial fields, some in the surface and some are into trading, some are into real estate and some are into food. Our strongest point is that we specialize in the manufacture of external paints. This gives us a competitive edge.”
“We are in the LPG field and we have six factories in Egypt for filling cylinders of LPG. Our production now is almost between 150,000 – 200,000 bottles per day.”
